Parnax Lab Q3 Results 2025:Parnax Lab declared their Q3 results on 10 Feb, 2025, revealing a significant downturn in both revenue and profit. The company’s topline decreased by 21.12% year-on-year, with revenue reported at ₹40.22 crore. Profit also saw a substantial decline, falling by 44.5% to ₹1.21 crore.
In comparison to the previous quarter, Parnax Lab’s revenue declined by 16.83%, while profit decreased even more sharply by 64.52%. This downward trend highlights the challenges the company is facing in the current market environment.
Despite these setbacks, the Selling, general & administrative expenses showed a slight improvement, declining by 7.35% quarter-on-quarter and by 2.41% year-on-year. This reduction may offer some relief as the company strives to manage costs.
The operating income for the quarter also took a hit, down by 53.11% quarter-on-quarter and down 40.57% year-on-year, signaling a tough period for Parnax Lab.
Earnings per share (EPS) for Q3 stood at ₹1.06, reflecting a decrease of 44.21% year-on-year, further indicating the company’s struggle to maintain profitability.
Parnax Lab has experienced a mixed performance in the market, delivering a return of 3.31% over the past week, 54.26% over the last six months, but a decline of 12.77% year-to-date.
Currently, Parnax Lab holds a market capitalization of ₹0 Cr, with a 52-week high of ₹193.5 and a low of ₹81, reflecting volatility in its stock price.
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.
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